MINERAL WEALTH
IN-DEPTH: Gupta-friendly third version may be death knell for industry
The ANC’s reaction to the mining charter has been interesting and telling. I take heart from the fact that ANC secretary-general Gwede Mantashe wants to meet urgently with Mineral Resources Minister Mosebenzi Zwane to discuss his concerns. But I am perplexed that this is necessary as Zwane is an ANC cabinet minister implementing ANC policy (one assumes) and the charter would presumably have been approved by the Cabinet (almost exclusively ANC) before its release. Should one read into this that the charter is either not aligned with ANC policy or is inconsistent with the version Cabinet approved? Regardless, assuming Zwane does avail himself for engagement, it might be useful to proffer a critique of this critical document that will either speed up the demise or relaunch the mining industry Mantashe and I care for and have been involved with for close on 40 years. Of course, we have had very different experiences with the industry, but we have never had cause to doubt the other’s com...
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